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Since 2008, Mehrberg has been the executive vice president of strategy and development for Public Service Enterprise Group (NYSE:PEG) and president of PSEG Energy Holdings, which develops, manages and owns renewable energy solutions. Prior to his role at PSEG, Mehrberg was general counsel for eight years at Exelon Corporation, during which time he also held roles as head of corporate strategy and development and chief administrative officer. Prior to Exelon, Mehrberg was partner at Jenner & Block, and from 1993 to 1997 he was the lakefront director and general counsel of the
City of Chicago Park District.

"I am incredibly excited to have someone with Randy's capabilities and experience join our team," said
Rob Katz, chairman and chief executive officer of Vail Resorts. "Randy has a deep understanding of not only the complex legal issues facing public companies, but a broad perspective on business and corporate strategy and a keen sensitivity to community and government relations. I am confident he will be a tremendous addition to so many of our strategic initiatives."

Mehrberg has a doctor of law degree from the
University of Michigan Law School and a bachelor of science degree in economics from the
University of Pennsylvania Wharton School of Business. Mehrberg is a passionate skier, having consistently visited Vail Mountain extensively for the past 30 years. He is married with 3 children.

About Vail Resorts, Inc. (NYSE: MTN)Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in
the United States. The Company's subsidiaries operate the mountain resorts of
Vail,
Beaver Creek,
Breckenridge and
Keystone in
Colorado; Heavenly,
Northstar and
Kirkwood in the
Lake Tahoe area of
California and
Nevada; Canyons in
Park City, Utah; Afton Alps in
Minnesota and Mt.
Brighton in
Michigan; and the Grand Teton Lodge Company in
Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is
www.vailresorts.com and consumer website is
www.snow.com.

SOURCE Vail Resorts, Inc.

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